New Mexico · Nonprofit
NEW AFRICA INC
NEW AFRICA INC (New Mexico) receives grants from 4 organizations whose IRS filings report $120,903 to it, the largest being DONOR ADVISED CHARITABLE GIVING INC ($58,000). 2 of them have funded it in more than one year, and 68% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2024
- $141k
- Funders on record
- 4
- Grants received
- $121k
- Net assets
- $10k
What New Africa Inc does
Mission
Inspired by faith the new africa serves as a special purpose vehicle (spv) coalition between era92 and 92hands uganda that aims to provide leadership and resources for catalytic action to increase the number of people engaged in productive work, solving the issue of unemployment and lack of access to capital. We also create a new story about africa.
As stated on its FY2024 Form 990-EZ.
Programs
Era 92 elevate, provides access to skills and opportunities that unlock the potential of the next generation, ultimately connecting youth to the local and golbal digital economy
$55,990 spent51% of program spendingEra92fund, mobalizes funds from investors around the world and makes it accessible to sme and microentrepreneurs across uganda. We back companies solving our societies biggest challenges to build a prosperous africa.
$15,548 spent14% of program spendingWe are a global movement of radically generous people using their god-given gifts to help end extreme poverty in our lifetime.
$38,526 spent35% of program spending
The 3 programs described on its FY2024 Form 990-EZ. Program spending in total: $110,064.
Who funds it, year by year
Grant support over time, funder by funder — shade shows the grant size each year.
3 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 68% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of NEW AFRICA INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
NEW AFRICA INC leans on a few funders — its largest provides 48% of grant income and the top three 92%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund NEW AFRICA INC.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
68% of NEW AFRICA INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $39k that is directly attributable, 100% of it comes from funders outside New Mexico, across 1 state.
Funder states come from each funder’s own filing. $82k arriving through sponsors registered in 3 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
NEW AFRICA INC runs a healthier operating margin than half of the 22,812 education nonprofits its size.
this organization peer median middle 50% of peers· 22,812 education nonprofits $100k–$1M, FY2024
Organizations like NEW AFRICA INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In New Mexico
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Public support
100%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Screen this organization
A dated, signed PDF of the compliance screen for NEW AFRICA INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds NEW AFRICA INC?
- NEW AFRICA INC (New Mexico) receives grants from 4 organizations whose IRS filings report $120,903 to it, the largest being DONOR ADVISED CHARITABLE GIVING INC ($58,000). 2 of them have funded it in more than one year, and 68% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does NEW AFRICA INC have?
- IRS filings report 4 organizations giving $120,903 in grants to NEW AFRICA INC, 2 of which have funded it in more than one year.
- Who is the largest funder of NEW AFRICA INC?
- DONOR ADVISED CHARITABLE GIVING INC is the largest funder on record, with $58,000 in grants. The full list of funders is on this page.
- How can an organization like NEW AFRICA INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in New Mexico. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds New Africa →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2024–2024), and the filings of 4 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing